Changing times demand changing criteria for grant giving
Responding to the many grant applications we have received around Covid-19 we have reviewed our criteria for grant giving and below you will see new information to help you see if you could qualify for a grant.
If the amount you need is under £5k we can make a judgement quickly and in between our set 3 monthly grant committee meetings which you can see published on this site.
WHO CAN APPLY?
DHC primarily provides funding to registered charities, but in some circumstances will support other not for profit community groups or social enterprises operating in Cornwall who have the following:
- Governing document e.g. Constitution, Articles which outlines the Organisation’s objectives and there must be a Dissolution Clause
- There must be a minimum of three unrelated Trustees registered with the Charity Commission, or if not a charity then the Management Committee must have three unrelated members
- All details registered with the Charity Commission must be up to date if you are a Registered Charity or a Charitable Incorporated Organisation
- If working with children and/or vulnerable beneficiaries, there must be a Safeguarding Policy in place, the Safeguarding Officer should be named within this policy
- You must be able to provide up to date annual accounts
- You must have a bank account in the Organisation’s name which requires two unrelated signatories for all withdrawals in excess of £5,000.
- In date relevant Insurance Policies
- Equal Opportunities Policy
- A written reference from an independent referee could be requested by DHC during the application process
CIC’S – ADDITIONAL CRITERIA
While we will consider applications from CIC’s, these Organisation’s differ from Registered Charities, particularly in relation to their Governance structure. As a result we request the following when considering applications from CIC’s:
- Objects must include the improvement of the health, wellbeing and provision of health care in Cornwall (for further details see https://duchyhealthcharity.org/fund-your-project/
- Have a minimum of three unconnected Directors, the majority of who must not be paid any remuneration.
- There must be an asset lock clause that ensures funds and assets are transferred to a body with charitable objects in Cornwall should the CIC close
- All documents registered with Companies House must be up-to-date and match the documents submitted as part of the grant application process (e.g. in respect of asset lock)
- Have a policy in place to ensure decisions on Directors’ remuneration are taken by the unpaid Directors
- Have a realistic up to date business plan which includes a financial forecast to be submitted with the application
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